Submartingale
Definition, Meaning & Examples
Part of speech noun
Quick meaning: Submartingale is a noun meaning (mathematics) A stochastic process for which the conditional expectation of future values given the sequence of all prior values is superior or equal to its current value.
Meaning
(mathematics) A stochastic process for which the conditional expectation of future values given the sequence of all prior values is superior or equal to its current value.
Example Sentences
If a gambler repeatedly plays a game with positive expectation, his payoff over time is a submartingale.
Word Forms
- submartingales
Related Words
Related dictionary entries include supermartingale, martingale, semimartingale, premarginalization, superiorization, basinhopping.
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Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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